In May, 2020, Amy Shishler, whose last known address was St Johns Gardens in Bury, caused her retail company Precious and Posh Ltd to make a bounce back loan (BBL) application of £20,000.
In a report, government agency The Insolvency Service said she did this “when she knew, or ought to have known, that the company turnover did not support such an application”.
The 39-year-old from South Africa “made a wrongful declaration by overstating the company’s turnover”, and as a result the company received £16,156 more BBL funds than it was entitled, the report said.
Under the BBL scheme during the pandemic, businesses could apply for a loan of between £2,000 and £50,000 subject to a maximum of up to 25 per…
